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MEAR vs MINT

iShares Short Maturity Municipal Bond Active ETF vs PIMCO Enhanced Short Maturity Active Exchange-Traded Fund

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

MINT

PIMCO Enhanced Short Maturity Active Exchange-Traded Fund

Annual cost

0.36%

Fund size

$15.5B

Key differences

  • MEAR costs 0.10% less per year.
  • MINT is significantly larger than MEAR — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, MINT has delivered higher annualized returns.
  • MINT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MEARMINT
Annual cost (TER)0.26%0.36%
Fund size (AUM)$1.3B$15.5B
Since20152009
Dividend yield2.87%4.42%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+3.3%+4.7%
CAGR 3Y+3.6%+5.5%
CAGR 5Y+2.4%+3.5%
Sharpe 3Y0.054.56
Volatility 1Y0.86%0.27%
Max drawdown-2.68%-4.62%

Similar to MEAR and MINT